Luật vay thế chấp liên bangCâu 53 / 400
A borrower asks a loan officer directly whether the company filed a Suspicious Activity Report about his transaction. What is the loan officer permitted to do under the Bank Secrecy Act?
a.Confirm the SAR was filed but not share its contents
b.Tell the borrower only if a supervisor approves
c.Read the SAR aloud to reassure the borrower
d.Neither confirm nor deny that a SAR was filed
Giải thích
The BSA imposes strict confidentiality: no person involved may disclose to any party involved in the transaction that a SAR has been filed or even considered. This 'no tipping off' rule protects investigations. Disclosing the existence of a SAR is itself a federal violation.
Trích dẫn luật: Bank Secrecy Act / Anti-Money Laundering (FinCEN rules)Luyện miễn phí toàn bộ 400 câu hỏi — không cần đăng ký.
Câu hỏi liên quan cùng chủ đề
- Under TRID, if a lender delivers the Closing Disclosure by mail rather than in person or electronically with confirmed receipt, when is the borrower presumed to have received it for purposes of the 3-business-day waiting period?
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- Which of the following is a required 'pillar' of an anti-money laundering compliance program for a covered non-bank mortgage lender?
- Under the Loan Originator Compensation Rule, a loan originator's compensation may NOT be based on which of the following?
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